MAGNITE INC (MGNI)

Shares of digital advertising platform Magnite (NASDAQ:MGNI) jumped 5.5% in the morning session after BTIG initiated coverage on the company with a Buy rating and a $20 price target.

Magnite Inc. (NASDAQ: MGNI) stock is headed towards a fourth straight week of gains after BTIG launched coverage of the advertising technology company with an optimistic outlook, drawing attention to Magnite’s role in the rapidly growing connected televis

Magnite (MGNI) Shares Skyrocket, What You Need To Know

(MGNI) Stock ... Magnite is poised for a recovery in 2026, supported by strong Q1 results and attractive valuation metrics. Q1 2026 revenue grew 5.5% YoY to $164M, with adjusted EBITDA up 16% and net income turning positive. MGNI's PEG ratio dropped to 0.37, reflecting compelling value given expecte…

Get real-time Magnite Inc (MGNI) stock price, news, financials, community insights, and trading ideas. Join 10 million+ investors and traders tracking markets in real-time on Stocktwits.